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Talk:Economic indicators (COVID-19 monograph)

8 bytes added, 12:52, 11 April 2022
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The state of alarm enacted on 14 March 2020 ushered in a general lockdown and in the suspension of all non-essential economic activities. This decision had an immediate and distressing impact on economy. However, which activities were deemed as being ‘essential’?
Since the double recession back in 2008-2013, there has been increased interest in studying the economic activities deemed as being really ‘essential’ for the sustainable running of developed societies and the well-being of citizens. New terms, such as urban ''development '' sector and ''essential economy'', have been coined to describe the economic sectors that supply basic goods and services to households and urban areas. These so-called ‘essential activities’ account for between a third and a half of employment in developed countries, and their critical nature makes them more resistant in times of economic downturn, falling income and growing unemployment.
The COVID-19 pandemic highlighted the relevance of this type of analysis. The state of alarm limited activity to a very specific set of essential activities that included the supply of energy, water and food; the processing sector; freight transport; information and communication services; financial services; business advice; public administration; healthcare; and social services (see the chart on ''[[:File:Companies deemed as being essential|Companies deemed as being essential]]'').
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